TEL AVIV, Israel, August 25, 2014 /PRNewswire/ --
RADCOM Ltd. (NASDAQ: RDCM) (the "Company"), a leading
network service assurance provider, announced today that it has
scheduled an annual general meeting of shareholders
("Meeting"), to take place on Tuesday, September 30, 2014, at 3:00 p.m. (Israel time), at the offices of the Company,
which are located at 24 Raoul Wallenberg Street, Tel Aviv, Israel. The record date for the
meeting is on September 2, 2014.
Proxy statements describing the proposals on the agenda and
proxy cards for use by shareholders that cannot attend the Meeting
in person will be sent by mail, on or about September 5, 2014, to the Company's shareholders
of record and to shareholders that hold shares registered with the
American Stock Transfer & Trust Company.
Proxy cards for use by shareholders that cannot attend the
Meeting in person must be properly executed and received by the
Company not less than 48 hours prior to the time fixed for the
Meeting.
The Company will also furnish the proxy statement to the
Securities and Exchange Commission on Form 6-K.
The agenda of the Meeting is as follows:
- To re-elect the following members of the Board of Directors:
Zohar Zisapel, Matty Karp and Ms.
Heli Bennun;
- To approve a grant of options to Mr. David Ripstein, Company's President and Chief
Executive Officer;
- To re-appoint Kost Forer Gabbay
& Kasierer, a member of Ernst and Young Global as the Company's
independent auditors until the next annual general meeting of
shareholders, and to authorize the Audit Committee of the Board of
Directors to fix their remuneration;
- To discuss the auditors' report and the Company's consolidated
financial statements for the year ended December 31, 2013;
- To transact such other business as may properly come before the
Meeting or any adjournment.
Shareholders may present proposals for consideration at the
Meeting by submitting their proposals to the Company no later than
September 2, 2014. If the Company
will determine that a shareholder proposal has been duly and timely
received and is appropriate, it will publish a revised agenda in
the manner set forth in the proxy statement.
Quorum
Two or more shareholders of the Company holding shares
conferring in the aggregate at least one-third (1/3) of the voting
power of the Company, present in person or by proxy and entitled to
vote, will constitute a quorum at the meeting.
In the event the above quorum will not be present in person
or by proxy, the Meerting will be postponed to October 9, 2014.
Voting Requirements
Items 1 and 3 require the affirmative vote of a majority of the
ordinary shares present, in person or by proxy, and voting on the
matter.
Item 2 requires the affirmative vote of a majority of the
ordinary shares present, in person or by proxy, and voting on the
matter, provided that either (i) at least a majority of the
ordinary shares voted on the matter by shareholders who are not
controlling shareholders or who do not have a personal interest in
the matter are voted in favor or (ii) the total number of ordinary
shares voted against such matter by shareholders who do not have a
personal interest in the matter or who are not controlling
shareholders, does not exceed two percent of our outstanding
ordinary shares.
Position Statements
Any shareholder of the Company may submit to the Company a
position statement on its behalf, expressing its position on an
agenda item for the Meeting, to our General Counsel at the
following address: Radcom Ltd., 22 Raoul Wallenberg Street,
Tel Aviv 69710, Israel, Attention: General Counsel, or by
facsimile to +9723-6474681, no later than September 12th, 2014.
About RADCOM
RADCOM provides innovative service assurance and customer
experience management solutions for leading telecom operators and
communications service providers. RADCOM specializes in solutions
for next-generation mobile and fixed networks, including
LTE, VoLTE, IMS, VoIP, UMTS/GSM and mobile broadband. RADCOM's
comprehensive, carrier-grade solutions are designed for big data
analytics on terabit networks, and are used to prevent service
provider revenue leakage and to enhance customer care management.
RADCOM's products interact with policy management to provide
self-optimizing network solutions. RADCOM's shares are listed on
the NASDAQ Capital Market under the symbol RDCM. . For more
information, please visit http://www.RADCOM.com.
Contact:
Uri Birenberg
Chief Financial Officer
+972-77-774-5060
urib@radcom.com
SOURCE RADCOM Ltd